• missingno@fedia.io
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    3 hours ago

    The memestock thing started because people realized they could try to make a quick buck by betting against those who were shorting the stock. But the stock was being heavily shorted for a reason, GameStop is a dying business, one that likely would’ve gone bankrupt by now if the apes hadn’t rushed to prop it up. Anyone who didn’t cash out at the peak, anyone who seriously believes GameStop has a long-term future, is a sucker.